Venezuela frees Chevron executives held since April: sources

Venezuela has released two local executives of Chevron Corp jailed two months ago during a corruption probe in the oil sector, a local consultancy and a source close to the U.S. oil major said on Wednesday. “The two Chevron managers, Carlos Algarra and Rene Vasquez, detained in April this year in the Puerto La Cruz offices were freed,” financial consultants Ecoanalitica tweeted, saying it was unclear if conditions were put on the pair’s release. Ecoanalitica gave no more details, and there was no immediate confirmation from Chevron. But a source close to Chevron confirmed the release to Reuters, saying the executives had to report into authorities every 15 days. The two are Venezuelan citizens. The arrests, in a raid by national intelligence officers, were the first […]